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LZ_Khan
on Nov 11, 2022
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FTX to file for U.S. bankruptcy, CEO resigns
How does FDIC insurance play into this?
dmak
on Nov 12, 2022
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It was never FDIC insured:
https://www.cnbc.com/2022/08/19/crypto-firm-ftx-receives-cea...
pavlov
on Nov 11, 2022
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It doesn’t apply. Crypto investors wanted to be free of pesky regulation, remember.
dmak
on Nov 12, 2022
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parent
[–]
I think you are missing context. FTX was supposedly FDIC insured until this came out this year:
https://www.cnbc.com/2022/08/19/crypto-firm-ftx-receives-cea...
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